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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option | $ 64.73 | (3) | 06/05/2012 | Common Stock | 6,681 | 6,681 | D | ||||||||
Stock Option | $ 65.99 | (4) | 02/20/2014 | Common Stock | 6,145 | 6,145 | D | ||||||||
Stock Option | $ 71.27 | (5) | 02/19/2015 | Common Stock | 5,205 | 5,205 | D | ||||||||
Stock Option | $ 83 | (6) | 02/15/2016 | Common Stock | 4,713 | 4,713 | D | ||||||||
Performance Shares | $ 97.11 | 02/21/2007 | A(1) | 4,092 | (1) | (1) | Common Stock | 4,092 | $ 97.11 | 4,092 | D | ||||
Performance Shares | $ 97.11 | 02/21/2007 | M(1) | 4,092 | (1) | (1) | Common Stock | 4,092 | $ 97.11 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
PRICE ROBERT J THE HARTFORD FINANCIAL SERVICES GROUP HARTFORD PLAZA HARTFORD, CT 06115 |
Sr. Vice Pres. and Controller |
/s/ Amanda Grabowski Aquino, POA for Robert J. Price by Power of Attorney of Robert J. Price dated February 19, 2004 | 02/23/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On February 21, 2007, the Company's Compensation and Personnel Committee awarded a performance share payout, based on the level of the Company's performance relative to pre-established performance objectives, for the January 1, 2004 - December 31, 2006 performance period. The performance shares were paid in shares of the Company's common stock. |
(2) | Transaction involving the disposition to the Company of equity securities to cover tax withholding obligations in accordance with the Company's administrative rules. |
(3) | The option became fully exercisable on June 3, 2005, the third anniversary of the grant date. |
(4) | The option became fully exercisable on February 18, 2007, the third anniversary of the grant date. |
(5) | The option will become exercisable upon the later of: (i) the date upon which the closing price of the underlying common stock on the New York Stock Exchange equals or exceeds 125% of the option exercise price for a period of at least 10 consecutive trading days and (ii) three years from the grant date. The closing price condition to vesting was met on May 16, 2006. |
(6) | One-third of the option became exercisable on February 15, 2007, an additional one-third of the option will become exercisable on February 15, 2008 and the remaining one-third of the option will become exercisable on February 15, 2009, the third anniversary of the grant date. |